163 Commercial RoadKoroit VIC 3282
Property Details for 163 Commercial Rd, Koroit
163 Commercial Rd, Koroit is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 695m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (October 2018)
Great opportunity to own and operate a shop in the expanding commercial market of Koroit.
Renovate the attached dwelling to create a secondary rental income or primary residence.
Expansive rear yard with potential for further development 650m2 (approx)
Property History for 163 Commercial Rd, Koroit, VIC 3282
- 19 Jul 2018Sold for $172,000
- 19 Sep 2017Listed for Sale Not Disclosed
- 29 Jul 2016Listed for Sale Not Disclosed
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0About Koroit 3282
The size of Koroit is approximately 42 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2011 was 1,957 people. By 2016 the population was 2,043 showing a population growth of 4.4% in the area during that time. The predominant age group in Koroit is 50-59 years. Households in Koroit are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koroit work in a trades occupation. In 2011, 78% of the homes in Koroit were owner-occupied compared with 77.9% in 2016.
Koroit has 1,283 properties. Over the last 5 years, Houses in Koroit have seen a 61.86% increase in median value, while Units have seen a 35.49% increase. As at 31 October 2024:
- The median value for Houses in Koroit is $601,010 while the median value for Units is $418,675.
- Houses have a median rent of $520.
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